this is from the exclusive reporting from our own charlie gasparino. chuck grassley is launching an investigation into the libor manipulations. this is being started by the senator from iowa. they are turning up the heat on the treasury secretary tim geithner. barclays and other big banks and whether or not interest rates were fixed. a lot of this has been sent overseas until now. two senators starting an investigation to libor. let's move on. the economy certainly at a crossroads here with a fiscal cliff looming. our next guest, though, that people underestimate the positive impact we are seeing right now and housing. liz and sound are is in studio. what are we missing on housing? >> we have had a string of numbers. that factor has six years of a study drag on economy. only about 2.5% of gdp. i think people are underestimating the ripple effect to think like confidence. connell: what does it mean for the future? >> the numbers we have seen have been anemic. it is interesting to see how the conversation has turned. brian was very was on with us yesterd